Maison Solutions Inc. (NASDAQ:MSS) Sees Large Growth in Short Interest

Maison Solutions Inc. (NASDAQ:MSS) saw a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 116,782 shares, an increase of 174.9% from the September 15th total of 42,475 shares. Currently, 28.5% of the company’s stock are short sold. Based on an average daily volume of 8,926,458 shares, the days-to-cover ratio is presently 0.0 days.

Maison Solutions Trading Down 3.4%

Shares of MSS stock traded down $0.06 during trading hours on Monday, reaching $1.56. 25,474 shares of the stock were exchanged, compared to its average volume of 1,446,939. The firm has a market capitalization of $950,040.00, a price-to-earnings ratio of -0.06 and a beta of 4.07. The company’s 50-day moving average price is $1.57 and its 200-day moving average price is $3.73. Maison Solutions has a 12-month low of $1.24 and a 12-month high of $42.73. The company has a current ratio of 0.67, a quick ratio of 0.37 and a debt-to-equity ratio of 0.96.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. Wall Street Zen upgraded shares of Maison Solutions from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 29th. Weiss Ratings restated a “sell (e+)” rating on shares of Maison Solutions in a research report on Friday, July 17th. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $162.50.

Insider Buying and Selling at Maison Solutions

In other news, major shareholder Financial Lp Hrt sold 32,556 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $1.84, for a total value of $59,903.04. Following the sale, the insider directly owned 64,892 shares of the company’s stock, valued at $119,401.28. The trade was a 33.41% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 32.73% of the stock is owned by corporate insiders.

Maison Solutions Company Profile

Maison Solutions, Inc is a specialty grocery retailer focused on providing Asian food products and related grocery offerings to consumers in the United States. Its merchandise includes fresh produce, meat, seafood, dairy products, packaged foods, beverages and other items commonly found in Asian cuisines.

The company operates physical grocery stores and serves customers through an omnichannel retail model that may include in-store shopping and digital ordering services. Its stores primarily target Asian American communities while also serving consumers seeking international and specialty foods.

Maison Solutions is headquartered in California and has built its business around grocery retailing in the U.S.